Inner-Loop apartment mania

Morgan Group is developing Pearl Greenway in the Greenway Plaza area where Central Presbyterian Church once sat.

Morgan Group is developing Pearl Greenway in the Greenway Plaza area where Central Presbyterian Church once sat.

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The District at Greenbriar apartments are being developed by The Kaplan Cos. at Greenbriar and U.S. 59 on the site of the old Greenbriar Chateau apartments.
Architect: The Clerkley Watkins Group

The District at Greenbriar apartments are being developed by The Kaplan Cos. at Greenbriar and U.S. 59 on the site of the old Greenbriar Chateau apartments.
Architect: The Clerkley Watkins Group

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Archstone is building this 474-unit complex on the former site of the Arabia Shrine Center on North Braeswood.

Archstone is building this 474-unit complex on the former site of the Arabia Shrine Center on North Braeswood.

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2900 West Dallas at Waugh is expected to open in about a year. The 431-unit is being developed by the Finger Cos.

2900 West Dallas at Waugh is expected to open in about a year. The 431-unit is being developed by the Finger Cos.

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Gable's Bering in Tanglewood should be open by the middle of next year. The complex will have a rooftop pool.
Architect: Ziegler Cooper

Gable's Bering in Tanglewood should be open by the middle of next year. The complex will have a rooftop pool.
Architect: Ziegler Cooper

Inner-Loop apartment mania

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Next time you pass a big construction site inside Loop 610 and someone asks what’s being built there, say apartments. You’re almost certain to be right.

Across the Houston area, about 9,500 new units are under construction. More than half are inside the loop or near the Galleria, a new report from CBRE shows. Rents are up more than seven percent over the past two years. Tenants pay the most in the Montrose/Museum District and just inside the West Loop and Greenway Plaza, the report said.

For the most part, these aren’t your typical garden-style apartment complexes. The new projects have gourmet kitchens, upscale appliances and common-area amenities like dog parks and resort-style pools. The units rent for around $1,250 per month, to start. In many parts of town, that’s a mortgage payment.

Check out the photo gallery above for a look at some of the what the new projects will look like when they’re built.